But that is an aside. You don't reissue a security because a brokerage stole some of it, and you don't reissue a currency for that reason either. If they "find" the coins, cool. If they don't, bitcoin is 6 percent more valuable.
While that seems harsh, going the "let's run to big daddy" thing is much harsher. Six percent is very paltry compared to 100 percent.
Nice thoughtful remarks.
Is this really like re-issuing a security though? It strikes me as more like evidence preservation, locking up the securities until their proper ownership can be determined.
This proposal is not intended to "run to big daddy" at all. This is not a proposal for any government agency or some such to regulate or change bitcoin in any way. It is a proposal for miners, those controlling more than 51% of the hashing power, to refuse to let their resources be used to support a large scale fraud or theft.